$549.47
+1.7%United Therapeutics Corporation, a biotechnology company, engages in the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening diseases in the United States and internationally. Its commercial therapies include Remodulin to treat patients with pulmonary arterial hypertension (PAH) to diminish symptoms associated with exercise; Tyvaso, an inhaled formulation of prostacyclin analogue treprostinil to enhance the exercise ability in PAH patients and pulmonary hypertension associated with interstitial lung disease (PH-ILD); Orenitram, a tablet dosage form of treprostinil to enhance the exercise capacity in PAH patients; Unituxin, a monoclonal antibody for treating high-risk neuroblastoma; and Adcirca, an oral PDE-5 inhibitor to enhance the exercise ability in PAH patients. The company also engages in developing Tyvaso DPI, a dry powder inhalation form of Tyvaso; Remunity Pump, a small, lightweight, durable pump and separate controller; RemoPro and Ralinepag for the treatment of PAH; Aurora-GT, a gene therapy product to rebuild the blood vessels in the lungs; and Tyvaso PERFECT and TETON studies, which are the studies of Tyvaso in patients with World Health Organization (WHO) Group 3 pulmonary hypertension associated with chronic obstructive pulmonary disease (PH-COPD). It has licensing and collaboration agreements with DEKA Research & Development Corp. to develop a semi-disposable system for the subcutaneous delivery of treprostinil; MannKind Corporation to develop and license treprostinil inhalation powder and the Dreamboat device; and Arena Pharmaceuticals, Inc. to develop Ralinepag. The company was incorporated in 1996 and is headquartered in Silver Spring, Maryland.
Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.
Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.
Flat FCF growth. Stable but not expandingโmonitor for signs of business maturity or temporary headwinds.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.
UTHR โข NASDAQ
| United Therapeutics Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
1.3B | 1.2B | 984.8M | 727.3M | 475.8M | 514.8M | -104.5M | 589.2M | 417.9M | 713.7M | 651.6M | 340.1M | 174.6M | 304.4M | 217.9M | 105.9M | 19.5M | -42.8M | 19.9M | 74M | |
85.6M | 72.5M | 53.2M | 51.3M | 49.9M | 49.9M | 45.9M | 35.9M | 31M | 31.6M | 32.9M | 32.2M | 31.3M | 27.1M | 20.5M | 17.9M | 11.4M | 4.5M | 957K | 1.5M | |
97.7M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 185.1M | 104.3M | 136.2M | 81.4M | 41.9M | -1M | -34.4M | -3.3M | -37M | |
147.7M | 144M | 39.1M | 106.8M | 138.5M | 163.8M | 45.4M | -26.4M | 73.5M | 12.1M | 280.3M | 190.1M | 320.8M | 30.1M | -15.7M | 113.9M | 101M | 28.7M | 48.7M | 0.0 | |
2M | -24.3M | -1.3M | 58.3M | 108.2M | -35.9M | -15.1M | 55.3M | 30.2M | 3.6M | -379.9M | -191.7M | -93.4M | 33.9M | 57.3M | 6.6M | 20.2M | -7.8M | -15.6M | 16.3M | |
(313.3M) | (400.6M) | (332.5M) | (275.7M) | (153.3M) | (92.8M) | (120.2M) | (102.7M) | (346.9M) | (362.4M) | (293.3M) | (195.6M) | (142.1M) | (101.5M) | (46.5M) | (22.7M) | (23.9M) | (1.6M) | (1.6M) | (0.0) | |
-106.4M | -60.2M | -97.8M | -141.2M | -174.2M | 63.1M | -178.3M | 124.4M | -78.4M | -117.4M | -202.1M | -200.5M | -112.3M | -208.2M | -111.3M | -74.8M | -51.3M | 9M | -4.2M | -5.3M | |
1.6B | 1.3B | 978M | 802.5M | 598.2M | 755.7M | -206.6M | 778.4M | 474.2M | 643.6M | 382.8M | 355.3M | 425.3M | 323.6M | 250.2M | 211.5M | 99.7M | -49.2M | 48.9M | 49.4M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-520.5M | -246.5M | -230.4M | -138.8M | -120.8M | -59.3M | -83.7M | -184.4M | -86.3M | -43.2M | -49.8M | -47.4M | -31.9M | -111.9M | -36M | -18.6M | -95.4M | -124.4M | -38.7M | -15.6M | |
(0.0) | -30.5M | -89.2M | -1.5M | (0.0) | (0.0) | -20.5M | -129.1M | -60.3M | -43.3M | (0.0) | (0.0) | -30.8M | (0.0) | -3.5M | (0.0) | -3.6M | (0.0) | (0.0) | (0.0) | |
-3.5B | -1.6B | -2.5B | -1.7B | -1.9B | -2.3B | -1.3B | -862M | -770.2M | -800K | -117M | -163.7M | -793M | -579.3M | -815.7M | -662.2M | -310.6M | -346M | -302M | -204.8M | |
1.6B | 2.4B | 2.1B | 1B | 1.5B | 1.6B | 1B | 400.9M | 72.9M | 130.4M | 320.4M | 549.6M | 529.9M | 527.9M | 733.9M | 457.7M | 249.1M | 297.9M | 318.9M | 118.8M | |
1.8B | -28.5M | -23M | 3.5M | 0.0 | 2.4M | 0.0 | -46M | 8.3M | 0.0 | 350M | 0.0 | 30.8M | 0.0 | 0.0 | 13.9M | -2.1M | 0.0 | 0.0 | 0.0 | |
-551.3M | (417.2M) | -719.6M | -811.5M | -486.9M | -738.5M | -335.4M | -820.6M | -835.6M | (48.3M) | (503.6M) | (338.5M) | -295M | -163.4M | -121.3M | -209.2M | -160.5M | -172.5M | -21.7M | -104M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-816.9M | -1B | -13.8M | -11.4M | -10.8M | -3.7M | -2.1M | 0.0 | -250M | -500M | -394.5M | -483.1M | -42.4M | -188M | -212M | 0.0 | 0.0 | 150M | -67.1M | -178.6M | |
-300M | -400M | -100M | 0.0 | 0.0 | -50M | 600M | 0.0 | 250M | -8.8M | -133.2M | -177.8M | -1.3M | -999K | -8.6M | 38.6M | 0.0 | -23K | -10K | 242M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -29.6M | (0.0) | |
-1B | -1B | -13.8M | -11.4M | -10.8M | -3.7M | -2.1M | (0.0) | -250M | -500M | -394.5M | -483.1M | -42.4M | -188M | -212M | (0.0) | (0.0) | (0.0) | -67.1M | -193.1M | |
-33.1M | 157.4M | 101.9M | 86.8M | 55.6M | 36.8M | 13.3M | 6.3M | 43.3M | 11.1M | 80.7M | 84.3M | 38.6M | 19.9M | -5M | 108.2M | 36.5M | 63M | 58.3M | 10.8M | |
-1.2B | -1.3B | -11.9M | 75.4M | 44.8M | -16.9M | 611.2M | 6.3M | 43.3M | -497.7M | -447M | -576.6M | -5.1M | -169.1M | -218.1M | 146.8M | 36.5M | 213M | 20.9M | 74.1M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 200K | -3M | -5.3M | -3.8M | -319K | 229K | -269K | 2.8M | -2.7M | -1.2M | 136K | 0.0 | |
-140.1M | 489.5M | 246.5M | 66.4M | 156.1M | 300K | 69.2M | -35.9M | -317.9M | 191.2M | 434.1M | 113.4M | 124.9M | -8.6M | -89.5M | 151.8M | -29.1M | -9.9M | 48.3M | 21.9M | |
1.7B | 1.2B | 961.2M | 894.8M | 738.7M | 738.4M | 669.2M | 705.1M | 1B | 831.8M | 397.7M | 284.3M | 154M | 162.7M | 252.2M | 100.4M | 129.5M | 139.3M | 91.1M | 69.2M | |
1.6B | 1.7B | 1.2B | 961.2M | 894.8M | 738.7M | 738.4M | 669.2M | 705.1M | 1B | 831.8M | 397.7M | 278.9M | 154M | 162.7M | 252.2M | 100.4M | 129.5M | 139.3M | 91.1M | |
1B | 1.1B | 747.6M | 663.7M | 477.4M | 696.4M | -290.3M | 594M | 387.9M | 600.4M | 333M | 307.9M | 393.4M | 211.7M | 214.2M | 192.9M | 2.2M | -173.6M | 10.4M | 36.2M |
UTHR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 29, 2026 | June 26, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 30, 2026 | March 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 09, 2026 | March 09, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 02, 2026 | March 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 22, 2026 | January 21, 2026 | 2026 | |
8-K 8-K 2025 N/A | October 29, 2025 | October 29, 2025 | 2025 |
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